. >> president obama and lawmakers now have less than four weeks to reach a deal to avoid steep tax hikes and spending cuts from taking effect. >>> 4:34 now. melissa mollet is at the live desk with breaking news. good morning, melissa. >> good morning. sirens are going off. a tsunami warning in japan. take a look at this video we just got into the newsroom. the 7.2 magnitude earthquake has hit off the northern coast. you can see that trafblling camera moving as that quake hits. it shook and swayed buildings for several minutes. residents being told to flee to higher ground right now. at this point, no reports of any damage or injuries. this was the same region that was hit by a massive quake and tsunami in march of 2011. in that quake and tsunami, 19,000 people were killed or went missing. we'll keep an eye on this for you. >>> news outlets are reporting that north korea may set off a long range rocket as early as monday. the country is reportedly fueling the rocket, but satellite images show that heavy snowfall may have slowed down preparations. north korea wants to launch what it calls